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WEEKLY RENTAL AS CONFIRMED BY THE CITY OF VENICE'S PLANNING AND ZONING. An estimated $105, 000/yr in gross income. You can do more often, 3-5 day rental periods, as long as it's not run like a "hotel. "
There should be ROOM FOR POOL between the rear lanais, as long as it's within the setbacks. Inquire with agent for details.
A premier WEEKLY (or more frequent!) income-producing (or) multi generational property on Venice Island, this fully renovated mid-century duplex blends exceptional craftsmanship with modern luxury. Just blocks from the Gulf of Mexico, this residence is ideal for high-demand rentals, an executive retreat, or a live-and-rent investment, offering strong income potential in a prime coastal setting.
Maybe 5 mins to Venice Dog Beach and similar to Venice Beach.
Designed and enhanced by skilled artisans with decades of expertise in custom woodworking, the home showcases coffered ceilings, elegant crown molding, and custom-milled window casings. 7’ mahogany interior doors with sleek chrome hardware add warmth and sophistication, while new plumbing, electrical systems, HVAC ductwork, PVC drain pipes, and drywall ensure long-term durability. Safe and Sound Rockwool insulation enhances privacy, and the wall between the two laundry rooms of units 101 & 103 has been soundproofed for added comfort, ensuring privacy between spaces.
The open-concept layout is designed for both style and function, featuring porcelain tile flooring throughout—no carpeting anywhere. The modern kitchens include deep white farmer’s sinks, elevated cabinetry, quartz countertops, and premium appliances, while canless LED lighting, ceiling fans throughout, and USB charging outlets provide contemporary convenience. All windows are hurricane impact-rated, except for the sliding glass doors.
Each unit extends outdoors with its own private screened and covered lanai, creating a peaceful retreat to enjoy the fresh coastal air. Oversized carports with additional storage offer plenty of space for vehicles, beach gear, and personal belongings. The front yard is landscaped with all shell and no grass, making it both low-maintenance and visually appealing. Mature, oversized trees in the front yard provide shade and character, while the side yard features simple landscaping for added charm. With zero-scaped landscaping, upkeep is minimal, allowing more time to enjoy the Florida lifestyle.
This dog-friendly neighborhood is perfect for walking, with quiet streets and a welcoming atmosphere. Venice’s year-round tourism market ensures strong rental demand, with visitors drawn to its pristine beaches, the Venice Fishing Pier, and popular waterfront dining at Sharky’s on the Pier. Nearby boating access, scenic trails along the Venetian Waterway Park, and historic downtown Venice offer shopping, dining, and entertainment in a charming, walkable setting.
NOT in a flood zone, NO HOA or CDD fees, all of which both lessen the hassle of more rules and overall profits. WEEKLY or more frequent rental upside for ROI.
With its high-end upgrades, low-maintenance landscaping, and prime island location, this property presents an extraordinary opportunity to own a luxury duplex in one of Florida’s most desirable coastal communities. Whether maximizing rental income or enjoying an elegant island retreat, this is an investment in both lifestyle and financial success.
ROOF 2017, AC 2011.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $660,000 | $660,000 | $660,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.811% | 6.475% | 6.309% |
Monthly Tax Payment | $788 | $788 | $788 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,957 | $4,118 | $5,614 |
Total Monthly Payment | $4,837 | $4,998 | $6,494 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.